Category archives for: Equipment News

Shvabe Holding Testing Ice-Cutting Laser Cannon

Shvabe Holding Testing Ice-Cutting Laser Cannon

Specialists at Russia-based Shvabe Holding, part of Rostec Corporation, are ready to test their latest creation, a ship-mounted laser cannon that can cut through ice. “We developed this ship-mounted laser for exploration and development in the Arctic, which has difficult ice conditions where platforms must operate and ships must pass through. This laser works like […]

IMB: Shipping Next Playground for Hackers

IMB: Shipping Next Playground for Hackers

The International Maritime Bureau (IMB) is calling for vigilance in the maritime sector as it emerges that shipping and the supply chain is the ‘next playground for hackers’. IMB said, “Recent events have shown that systems managing the movement of goods need to be strengthened against the threat of cyber-attacks. “It is vital that lessons […]

US Navy Eyes Lockheed Martin’s Exoskeletons

US Navy Eyes Lockheed Martin’s Exoskeletons

US defence contractor Lockheed Martin has received a contract through the National Center for Manufacturing Sciences (NCMS) for the U.S. Navy to evaluate and test two FORTIS exoskeletons. This marks the first procurement of Lockheed Martin’s exoskeletons for industrial use. Terms of the contract were not disclosed. The FORTIS exoskeleton is an unpowered, lightweight exoskeleton […]

COSCO Reports Strong Profit Growth

COSCO Reports Strong Profit Growth

COSCO International Holdings Limited has disclosed the unaudited consolidated results of the company and its subsidiaries (COSCO) for the six months ended June 30, 2014. COSCO’s gross profit increased by 29% YOY, while the overall gross profit margin added 1.5 percentage points to 8.9%. In the first half of 2014, volume of both scrapped vessels […]

Pareto JGO Shipbrokers Takes Over Derrick Offshore

Pareto JGO Shipbrokers Takes Over Derrick Offshore

Two top  shipbrokers in the specialist offshore market Pareto JGO Shipbrokers and Derrick Offshore decided to join forces. The transaction sees UK-based Derrick Offshore being acquired by Norwegian Pareto JGO Shipbrokers. Derrick Offshore will continue to trade under its current name and trademark, with all of the current directors and shareholders remaining with the company, […]

DOF Subsea Buzzing with Activity

DOF Subsea Buzzing with Activity

DOF Subsea, a subsidiary of DOF ASA, has been awarded multiple contracts, with a total value of approximately USD 135 million. In the Asia Pacific region, DOF Subsea has been awarded several contracts including project management and engineering, IMR services, and subsea installation work. The contract awards will secure utilization of the vessels Skandi Singapore, Skandi […]

Wärtsilä Selected for Harvey Gulf’s LNG Fuelling Facility

Wärtsilä Selected for Harvey Gulf’s LNG Fuelling Facility

The contract for the control system for a shore-based liquefied natural gas (LNG) fuelling facility in Port Fourchon, Louisiana, USA, has been awarded to Wärtsilä. The facility is owned by Harvey Gulf International Marine, a major owner-operator of offshore supply and specialty vessels headquartered in New Orleans. It will be used to supply fuel to […]

Readers’ Picks of the Week (Aug 11 – 15, 2014)

Readers’ Picks of the Week (Aug 11 – 15, 2014)

Lilly Johanne Capsizes in Turkey Lilly Johanne, a live fish carrier, capsized in Celiktrans shipyard in Tuzla, Turkey, on August 7, iLaks reports …Read more Poland Eyes Canal Construction to Evade Russian Waters Polish authorities have revived plans to build a canal in order to connect the Baltic Sea with the Vistula Lagoon and, thus, […]

Poland Gets Rolls-Royce Marine Service Center

Poland Gets Rolls-Royce Marine Service Center

Rolls-Royce Marine and Nauta S.A. ship repair yard have signed a co-operation agreement in Poland. Rolls-Royce Marine will gain exclusive rights to provide services on all Rolls-Royce equipment coming into the shipyard. In return, the cooperation is expected to bring in an increased flow of customers into the shipyard, knowing they can readily access the […]

Colossal Turret Module Sets Sail for South Korea

Colossal Turret Module Sets Sail for South Korea

The largest piece of the turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea, where the facility is under construction. The turret is part of a mooring system designed to ensure Prelude FLNG can operate safely in the most […]

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